Different shareholders get involved in various business activities and play significant roles in catalyzing change and exploring multiple pathways for unlocking business potential.
Hence, high mature organizations have to be more intelligent, increase flexibility, build strategic competencies, manage the portfolio of relevant cross-border synergies for accelerating its performance and maximizing its potential.
Alliance: In face of fierce competition and complex business reality, building a strategic alliance and business partnership is a “soft,” but an important step in leading changes and improving problem-solving competency. It goes beyond conformity and order taking so that strategy management, change management, and business relational management work in harmony. You have to be allies towards the purpose of the entire organization, and then, work as a coherent leadership team to do the work that you are responsible for and achieve the desired results.
Often, misalliance is caused by misinterpretation or miscommunication. It is imperative to overcome objections or roadblock by encouraging cross-functional communication, harnessing strategic partnership, and engaging employees, customers, to ensure long-term business success. To expedite the business growth cycle, those organizations that have innovative vendors or stronger alliances can become agiler, resilient, have better chances for business reinvention, and tend to be more responsive to changes.
Aggregation: Any entity, humans or organizations, or any aggregation of entities, performs activities and provides capabilities for problem-solving. Culture as the aggregate of all employees' mindsets, attitudes, and behaviors, directly impacts strategy management and change management. Organizations comprise many intricate and interconnected parts, including core values, communications, corporate attitudes, and business policies, etc. It is the aggregation of those business factors that decide how organizations interact with their environment, how they adapt to changes and generate values constantly.
Information is the most invaluable asset of the business; depending on the level of information granularity and aggregation, you can use it for multiple purposes, leveraging updated information for reinventing business but not reinventing the wheel. It is the aggregation of information and the assessment of the information that creates the intelligence required to shape strategy; define the rules that drive the business; sometimes not so easy to do; run a highly cognitive organization.
Application: Business application initiatives are not just about IT practices, it needs to become customer-centric problem-solving that can bring business value, increase customer satisfaction, improve organizational agility, harness innovation, either for making some quick wins or focusing on long term business benefit. The applications will become more user friendly, interrelated as we move to a world of choices and empathy, people become the center of the business.
Some organizations are faced with serious application sprawl and a growing backlog of out-of-date, often unsupported applications. IT or business are confronted with the limits of the complexity of their application portfolio. There are a lot of applications, which provide overlapping functionalities, there is no clear ownership of the applications. Reuse of existing applications and technology will always be considered first in the provision of any service to the business rationale. Reuse makes sense because it has potential to shorten the product/service development cycle. Not only should we question the applicability of a component for re-use, but we need to capture and analyze the lessons learned from the previous applications of the component.
Different shareholders get involved in various business activities and play significant roles in catalyzing change and exploring multiple pathways for unlocking business potential. Building a real-time organization is all about mastering dynamic planning & competency building, shaping high-innovative people and teams, and accelerating the speed of changes.
Alliance: In face of fierce competition and complex business reality, building a strategic alliance and business partnership is a “soft,” but an important step in leading changes and improving problem-solving competency. It goes beyond conformity and order taking so that strategy management, change management, and business relational management work in harmony. You have to be allies towards the purpose of the entire organization, and then, work as a coherent leadership team to do the work that you are responsible for and achieve the desired results.
Often, misalliance is caused by misinterpretation or miscommunication. It is imperative to overcome objections or roadblock by encouraging cross-functional communication, harnessing strategic partnership, and engaging employees, customers, to ensure long-term business success. To expedite the business growth cycle, those organizations that have innovative vendors or stronger alliances can become agiler, resilient, have better chances for business reinvention, and tend to be more responsive to changes.
Aggregation: Any entity, humans or organizations, or any aggregation of entities, performs activities and provides capabilities for problem-solving. Culture as the aggregate of all employees' mindsets, attitudes, and behaviors, directly impacts strategy management and change management. Organizations comprise many intricate and interconnected parts, including core values, communications, corporate attitudes, and business policies, etc. It is the aggregation of those business factors that decide how organizations interact with their environment, how they adapt to changes and generate values constantly.
Information is the most invaluable asset of the business; depending on the level of information granularity and aggregation, you can use it for multiple purposes, leveraging updated information for reinventing business but not reinventing the wheel. It is the aggregation of information and the assessment of the information that creates the intelligence required to shape strategy; define the rules that drive the business; sometimes not so easy to do; run a highly cognitive organization.
Application: Business application initiatives are not just about IT practices, it needs to become customer-centric problem-solving that can bring business value, increase customer satisfaction, improve organizational agility, harness innovation, either for making some quick wins or focusing on long term business benefit. The applications will become more user friendly, interrelated as we move to a world of choices and empathy, people become the center of the business.
Some organizations are faced with serious application sprawl and a growing backlog of out-of-date, often unsupported applications. IT or business are confronted with the limits of the complexity of their application portfolio. There are a lot of applications, which provide overlapping functionalities, there is no clear ownership of the applications. Reuse of existing applications and technology will always be considered first in the provision of any service to the business rationale. Reuse makes sense because it has potential to shorten the product/service development cycle. Not only should we question the applicability of a component for re-use, but we need to capture and analyze the lessons learned from the previous applications of the component.
Different shareholders get involved in various business activities and play significant roles in catalyzing change and exploring multiple pathways for unlocking business potential. Building a real-time organization is all about mastering dynamic planning & competency building, shaping high-innovative people and teams, and accelerating the speed of changes.
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